Psu
HAL bestowed major contract to Avantel Ltd worth Rs 10.11 crore
According to the exchange filing, the Company has received a Purchase Order worth Rs.10.11 Crores (Incl. Taxes) vide mail dated August 11, 2025, for Supply of Satcom Equipment - Airborne Version from Hindustan Aeronautics Limited (HAL).
HAL bestowed major contract to Avantel Ltd worth Rs 10.11 crore
Avantel Ltd has announced that it has received a Purchase Order for the Supply of Satcom Equipment-Airborne Version from State-run HAL.
According to the exchange filing, the Company has received a Purchase Order worth Rs.10.11 Crores (Incl. Taxes) vide mail dated August 11, 2025, for Supply of Satcom Equipment - Airborne Version from Hindustan Aeronautics Limited (HAL).
The time period by which the order is to be executed is 10 August, 2026.
Join PSU Connect on WhatsApp now for quick updates! Whatsapp Channel
The significant terms and conditions of the order is that Warranty shall be 24 months from the date of acceptance of items.
Shares of HAL are closed at Rs 4,444.00 higher by 0.077% at BSE.
Read Also : Vijendra Singh takes charge as Executive Director (Works) at IRCON International